Chapter 508 Move Fast!

Although both Lin Xiao and Wang Shi wanted to complete the signing of the agreement as soon as possible and complete the final acquisition.

However, in terms of specific implementation, there are still many details that need further negotiation and consultation. For example, although Vanke is the major shareholder of Wanjia Chain, it does not hold all the shares.

Vanke only holds 72% of the equity of Wanjia Chain, and the remaining 28% of the equity is among some other investors.

As for Lin Xiao, since it is an acquisition, he naturally hopes to acquire all the shares, which requires Vanke to communicate and negotiate.

So it is definitely unrealistic to sign a contract the next day.

On the same day, the two parties conducted further detailed negotiations on the entire acquisition.

The general direction was agreed the day before, that is, Lin Xiao completed the acquisition of Wanjia Chain with a price-earnings ratio of 18 times and a total of 6 million.

As for the main body of the acquisition, Lin Xiao took Guoguang Industry as the main body.

Guoguang Industry is a company registered by Lin Xiao in Yanjing. The company was registered for two purposes.

One is to facilitate the signing of the contract with Jiangyou Province, because it is impossible for Lin Xiao to sign a contract with the government in his own name, and the government signs a contract to attract investment, and the introduction must be enterprises from outside the province, so Lin Xiao also established in Yanjing A Guoguang Industry was established.

The Guoguang Chain Company established in Jiangyou Province is a subsidiary of Guoguang Industry.

As for the other purpose of establishing Guoguang Industrial Company, it is for the acquisition of Wanjia.

At this stage, it is naturally unrealistic for Guoguang Chain to acquire Wanjia. After all, Guoguang Chain is registered in Jiangyou Province, with Xu Ruyun at the helm. If such a small-scale company swallows Wanjia, it will definitely not be able to swallow it.

It is also impossible for Xu Ruyun to have the energy. While opening up the market from scratch in Jiangyou Province, she is also responsible for managing the newly acquired Wanjia chain.

For Wanjia Chain, Lin Xiao’s idea is that it exists as a subsidiary of Guoguang Industry, just like Guoguang Chain.

As for whether these subsidiaries need to be merged in the later stage, it also depends on the situation.

During the day, he discussed the details with Vanke Wang Shi and the others. At night, Lin Xiao invited Shen Nanpeng to visit several Wanjia supermarkets.

Hearing Lin Xiao invited him to go to the supermarket, Shen Nanpeng immediately asked with a smile: "Are you the boss planning a private visit?"

"It's not a microservice private visit. As for the management of Wanjia Chain, I am prepared to keep it if I can. But before that, I have to have a general understanding of their overall management level."

Lin Xiao said to Shen Nanpeng, "I think you should get a better understanding by going to the scene than listening to their reports."

"That's true. Although I have visited several supermarkets, everyone's senses are different. As a big boss, you should go to the scene to see." Shen Nanpeng nodded at this time.

Then he turned to Lin Xiao and said, "But with your current reputation, you should be easily recognized when you enter the supermarket."

When Lin Xiao heard it, it was the same reason. Although he said that he was not here to criticize, but if he really let the people in the supermarket know that he was there, they would probably really do something about it.

For Lin Xiao, he naturally hopes to see the most natural transition.

So, Lin Xiao first went to the street to buy a baseball cap, and then bought a flat lens.

After wearing these two pieces of equipment, although it can't be said that it is a big outfit, it has changed anyway.

Of course, the most important thing is that Lin Xiao bought a mask and put it on. In this way, unless someone is very familiar with Lin Xiao, most people will not be able to recognize him at first glance.

Lin Xiao took Shen Nanpeng and Pang Fei to the nearest Wanjia supermarket.

After the three of them entered the supermarket, they found that there were quite a lot of customers inside.

Although it wasn't full on weekends or holidays, but because Lin Xiao deliberately chose the peak time of traffic in the evening, the business of the entire supermarket seemed to be pretty good.

After walking around the whole supermarket, Lin Xiao is quite satisfied. The whole supermarket can basically be called clean and tidy, and the waiters are also enthusiastically introducing and selling products to customers.

As far as this store is concerned, it can still achieve the management level that Lin Xiao expected.

After turning around and coming to the cash register, Lin Xiao took a bottle of drink from the shelf, and then started queuing up with a team of three or four people.

While queuing up, Lin Xiao was also observing the working status of the cashiers.

Naturally, at this stage, mobile payments are not used as in later generations, and most people still use cash, so for cashiers, the load is actually greater, and their concentration is relatively high.

Because in the case of continuous work, if you are not careful, you will find the wrong money, and if this happens, the cashier can only pay for it.

Therefore, before the emergence of mobile payment, the cash register of a supermarket can often reflect the management level of a supermarket.

In Lin Xiao's previous life, he had seen many cashiers in many supermarkets appear impatient.

Although from the perspective of the cashier, this is purely caused by work pressure and mental tension.

But for customers, this actually affects the shopping experience very much.

According to Lin Xiao's current observation, Wanjia Chain has done a good job in this regard. Although the cashiers are not smiling, they don't show too much impatience.

After the bill was settled smoothly, Lin Xiao took Shen Nanpeng out. At this moment, a few words of conversation suddenly entered his ears.

"Have you heard? Our company is really going to be acquired by Lin Xiao."

"It's been circulating for the past two days, and I don't know if it's true or not."

"It's true. Doesn't Xiao Fang have a relative in the head office? She heard from her relatives that the news has been spread in the head office, and it is said that the acquisition will be completed soon."

Hearing these conversations, Lin Xiao turned his head to look, and found that it was a few shop assistants who might have changed shifts, and they were walking out together at this time.

It was two younger girls who spoke at this time.

"That's great. From now on, our boss will become Lin Xiao."

Several young girls had smiles on their faces.

After Shen Nanpeng saw it, he immediately said to Lin Xiao with emotion: "Boss Lin, you really have a great influence on the younger generation. Normally, when a company is acquired, the people in the company are most worried about changes, but look at them. Like this, it’s totally desirable.”

Lin Xiao shook his head, but did not answer.

Because at the same time Shen Nanpeng spoke, beside the girls, a middle-aged female shop assistant in her 40s said with a worried face:

"Is the Lin Xiao you mentioned famous? Do you know how he treats employees? He won't lay off us after he buys the company, right?"

"Lin Xiao is so good, definitely not."

"That's right, Sister Li, don't worry, Lin Xiao is the idol of our young people, he is very good."

Although the girls said this, Sister Li still had a worried expression on her face.

"Young boss? I don't know how he is, whether he will lay off people, and whether he can run the supermarket well."

The person called Sister Li muttered, her confused and worried expression was in stark contrast to the happy expressions of the two young girls beside her.

Lin Xiao saw several people walking away, and then said to Shen Nanpeng:
"Those two girls are just a special case. The employees they call Sister Li should represent the majority."

With that said, Lin Xiao also walked towards the outside of the supermarket.

Afterwards, Lin Xiao went to several other supermarkets for a tour.

On the whole, Lin Xiao is quite appreciative of the management of Wanjia Supermarket. If only one store is managed well, there is nothing wrong with it. If several stores can be managed well, it means that he is responsible for the management of Wanjia Supermarket. The team, the ability is still good.

While spinning, Lin Xiao was actually thinking about what the clerk named Sister Li said.

Lin Xiao believes that there should be many people who hold the idea of ​​Sister Li, and they are spread across all levels of the company.

The grassroots employees are worried about whether their benefits will be adjusted, whether the company's operating conditions can be maintained, and whether their income will eventually be affected.

The middle and high-level managers are worried about whether they will carry out drastic reforms after the acquisition, and whether they will move the entire management.

At this time, people's hearts are easy to fluctuate, and it is easy to cause some potential crises, such as employees' inability to work with peace of mind, resulting in a decline in customer experience and word-of-mouth, and so on.

Lin Xiao realized that since the news had spread, all actions must be done quickly, the entire acquisition must be completed as soon as possible, and then find a way to stabilize the morale of the army.

It is not easy for Wanjia Chain to be in the current situation, and it happens to be in a very good period of development and growth. It cannot affect the pace of the company's development because of its own acquisition.

So on the way back to the hotel, Lin Xiao said to Shen Nanpeng:
"I'll discuss the details of the contract with the legal counsel tonight, and then discuss with Vanke again. Let's try to sign the acquisition agreement tomorrow morning."

"Wang Shi Wang's side, I will communicate."

As he spoke, Lin Xiao explained his considerations to Shen Nanpeng again.

Shen Nanpeng immediately agreed and said: "Mr. Lin, you are right to do this. For example, when we Ctrip acquired Yanjing Express Ticketing Company, we also acted quickly. If the time is too long, it will have more impact on the company's operation."

Lin Xiao nodded. In fact, for the personnel of the acquired company, the worst thing is not to replace them after the acquisition, but to be left unresolved.

After returning to the hotel, Lin Xiao also had a phone call with Wang Shi, and told Wang Shi his thoughts frankly.

Wang Shi understood this very well, and immediately agreed that the two parties would review the final terms the next morning, and then hold a signing ceremony at 10 o'clock.

After hanging up Wang Shi's phone call, Lin Xiao held the information about Wan Jia that Shen Nanpeng had given him in his hand again, thinking about how to give the whole company a shot in the arm after the acquisition was completed.

Not only must the employees feel at ease quickly, but also the enthusiasm of the entire company must be further stimulated!
This night, Lin Xiao was thinking about this matter.

(End of this chapter)

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